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Thursday, February 01, 2007

Quardratic Linearization

I applied the Hubbert Linearization to the quadratic/shock model on world production and it looks like the following:

It shows a fairly obvious quasi-linear regime indistinguishable from empirical observations and the oft-used Logistic equation heuristic.

Time to ditch the cheap heuristic and use a real model, I'd say.


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